126 Chester Avenue Active Save Request In-Person Tour Request Virtual Tour
Bakersfield,CA 93301
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,332 sqft
Price per Sqft $419
MLS Listing ID CRSR23211081
HOA Y/N No
Year Built 1965
Lot Size 0.298 Acres
Acres 0.3
Property Description
I'm pleased to present an excellent owner-user investment opportunity to acquire a 100% fee simple interest. The property consists of an approximately 3,332-square-foot, multi-tenant retail center that is situated on an approximately 12,994 square-foot-C-mixed-use-zoned parcel located in Bakersfield, California. The property is gated and comprised of three retail units with an excellent mix of tenants. Units range between 880 to 1500 square feet. These efficiently sized units are conducive to high occupancy, optimal rents, and low lease-up costs, minimizing capital expenditures and cash flow exposure. With a shortage of similar-sized properties for sale in the area and upward pressure on rental rates in a supply-constrained area, presents a unique opportunity to acquire a quality investment in a highly desirable area. The subject property is located in a prime Bakersfield location, walking distence to major intersection of Brundage Ln and Chester Ave, surrounded by major shopping center, and close to city hall, court, banks, police station major remodeling and year old three AC package unit in place.
Location
State CA
County Kern
Area Listing
Interior
Fireplace No
Exterior
Utilities Available Natural Gas Connected,Other
Building
New Construction No
Others
Tax ID 01031128002